Econ102 @Econ1o2
Cut through the noise with economic commentary, filtered through 25 years of learning. Worked with hundreds of businesses, primarily in US. PNW Joined July 2025-
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Econ102 retweeted
ht @PauloMacro @DiMartinoBooth Just the ‘minor’ details
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Econ102 retweeted
This is not a K shaped economy. It’s a Boomer shaped economy. Shaped by them and for them.
Econ102 retweeted
Per the S&P CoreLogic Case-Shiller U.S. National Home Price Index (CSUSHPINSA on the St. Louis Fed's FRED database) the average annual return on US real estate from 1987 to present is around +4.4%. And, as I understand it, that is before considering various costs of housing like…
Years of declining unit sales, i.e. quantity of goods are culminating in paper mill closures. Econ 102: look beyond the $ sales, also watch the quantity of goods. bloomberg.com/news/articles/…
Econ102 retweeted
🫡 Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs fortune.com/2025/08/13/gol…
Econ102 retweeted
Welcome to the Corporate Revolution. It’s the mortgage a laid-off dad can’t pay. It’s in the insulin a diabetic mom is now rationing. It’s in the family moving into a one-bedroom because their “remote-friendly” job got offshored. The real cost of corporate “efficiency” isn’t…
Econ102 retweeted
Share of young adults living with a parent hits levels not seen since the Great Depression But please, tell me about that GDP again
Econ102 retweeted
BNPL use among low-wage workers is nearly 7x higher than payday loan use. BNPL: 10.64% Payday loans: 1.56% Source: Washington University Center for Social Development – June 2025 Policy Brief 2/8 🧵
Econ102 retweeted
US continuing jobless claims keep creeping higher, now at the highest level since November 2021.
Econ102 retweeted
no need to dunk on this. just glad there’s enough sense to bring necessary employees back to work.
Econ102 retweeted
Job loss in America just got real. 806K+ job cuts this year so far. Tens of thousands... caused by AI. For reference, 2024's full year total was 761,358. Entry-level corporate hiring down 15% YoY. They told you AI would “create new jobs.” I'm not seeing this yet.
Econ102 retweeted
Not counting the pandemic, the unemployment rate is at its highest since: - December 2014 for college graduates - August 2014 for young graduates (ages 25–34) - July 2013 for those with a master’s degree
Whoa, Data scientists, you are about to be disrupted. Learn the tools fast or get RIFfed
Whoa, Data scientists, you are about to be disrupted. Learn the tools fast or get RIFfed
Econ102 retweeted
It’s hard to find a trend in the electricity system right now that *doesn’t* point to near-term price increases if not a broad affordability crisis. The setup is bad and getting worse. I wrote about it for @heatmap_news:
Econ102 retweeted
rip karl marx, you would’ve hated the labubu stage of capitalism
rip karl marx, you would’ve hated the labubu stage of capitalism
Obviously they did not even go Econ 101 :-). Learn the science!
Obviously they did not even go Econ 101 :-). Learn the science!
"Real work-based income, in inflation adjusted terms, is actually contracting." @EconguyRosie
Econ102 retweeted
RETWEET if you support Jerome Powell.
Elon Musk on an earnings call: "until you see the cat sing and dance and talk, like you assume it's just a 🐈". TSLA -9% 🤣
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